Innovator Etfs Trust Etf Price To Sales
| INOV Etf | USD 28.88 0.06 0.21% |
Innovator ETFs Trust fundamentals help investors to digest information that contributes to Innovator ETFs' financial success or failures. It also enables traders to predict the movement of Innovator Etf. The fundamental analysis module provides a way to measure Innovator ETFs' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovator ETFs etf.
Innovator |
Innovator ETFs Trust ETF Price To Sales Analysis
Innovator ETFs' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Innovator ETFs Price To Sales | 8.25 X |
Most of Innovator ETFs' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovator ETFs Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Innovator ETFs Trust has a Price To Sales of 8.2489 times. This is much higher than that of the Health Care Technology family and significantly higher than that of the Defined Outcome category. The price to sales for all United States etfs is notably lower than that of the firm.
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Innovator Fundamentals
| Return On Equity | 0.0716 | |||
| Return On Asset | 0.0331 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 7.22 B | |||
| Shares Outstanding | 77.17 M | |||
| Shares Owned By Insiders | 3.99 % | |||
| Shares Owned By Institutions | 75.85 % | |||
| Number Of Shares Shorted | 4.45 M | |||
| Price To Earning | 188.89 X | |||
| Price To Book | 8.31 X | |||
| Price To Sales | 8.25 X | |||
| Revenue | 667.52 M | |||
| Gross Profit | 499.7 M | |||
| EBITDA | 186.56 M | |||
| Net Income | 22.58 M | |||
| Cash And Equivalents | 128.63 M | |||
| Cash Per Share | 0.82 X | |||
| Total Debt | 897.3 M | |||
| Debt To Equity | 1.39 % | |||
| Current Ratio | 2.17 X | |||
| Book Value Per Share | 4.91 X | |||
| Cash Flow From Operations | 146.36 M | |||
| Short Ratio | 6.78 X | |||
| Earnings Per Share | 0.34 X | |||
| Price To Earnings To Growth | 5.24 X | |||
| Target Price | 41.8 | |||
| Number Of Employees | 31 | |||
| Beta | 0.53 | |||
| Market Capitalization | 6.37 B | |||
| Total Asset | 1.97 B | |||
| Retained Earnings | 300.89 M | |||
| Working Capital | 158.8 M | |||
| Current Asset | 844.01 M | |||
| Current Liabilities | 67.53 M | |||
| One Year Return | 10.50 % | |||
| Net Asset | 1.97 B |
About Innovator ETFs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator ETFs Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator ETFs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator ETFs Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Innovator ETFs Piotroski F Score and Innovator ETFs Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Innovator ETFs Trust is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovator ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovator ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.